OVERVIEW · 2020. 10. 15. · 2 3 OVERVIEW OF SUNU GROUP SUNU Group is present in more than 15...
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Transcript of OVERVIEW · 2020. 10. 15. · 2 3 OVERVIEW OF SUNU GROUP SUNU Group is present in more than 15...
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OVERVIEW OF SUNU GROUP
SUNU Group is present in more than 15 African countries sub-Saharan insurance companies and other affiliated companies.Created in 1998 by Mr. Papa Pathé DIONE, SUNU Group is constitued by the different entities :
SUNU Finances Holding SASSUNU Finances Holding SAS is the parent company of the SUNU Group.
SUNU Participations Holding SA SUNU Participations Holding SA the holding company which manages the SUNU Group and holds directly or indirectly all Group companies.
SUNU Investment Holding SASUNU Investment Holding SA, created in 2017, is the holding in charge to hold the Group’s bank investments.
SUNU AssurancesSUNU Assurances is the trademark of the insurance subsidiaries of SUNU Participations Holding SA. Since 2015, the year of standardization of the SUNU Group brand, 23 companies bear this name.
SUNU Services SUNU Services is 100% Subsidiary of SUNU Participations Holding SA that includes cross-functional business functions who assist the companies of the SUNU Group. These business lines are as follows : the Accounting and Consolidation Department, the Audit Department, the Life and Property and Life Insurance Departments, the Central Life and Property and Life Departments, the Communication Department and the Management, the Department Commercial Development, and the Legal Direction.
SUNU Bank
SUNU Bank is the trademark of the banking companies of SUNU Investment Holding SA. The first bank of the SUNU Group - initially called BPEC (Banque Populaire de l’Epargne et du Crédit) - was acquired in 2018.
SUNU Santé
SUNU Santé, created in 2017, aims to manage companies’ health budgets or the health portfolios of insurance companies with state-of-the-art tools. The goal is to facilitate access to patient care.
FAITS MARQUANTSSTRATEGIES AND RESTRUCTURATIONS
► Creation of SUNU Participations West Africa (SPH WA) On April 19, 2019, SUNU Participations created a sub-holding, SUNU Participations Holding West Africa, registered with the Dakar movable trade and credit register, which will take over the insurance subsidiaries of the UEMOA zone of the SUNU group.
► Acquisition of Allianz Africa subsidiariesOn April 30, 2019, SUNU Participations Holding acquired 5 subsidiaries of Allianz Africa :
- Allianz Bénin Assurances - Allianz Burkina Assurances - Allianz Burkina Assurances Vie - Allianz Mali Assurances - Allianz Togo Assurances
► Change of nameThen, during the year, the following companies changed their corporate names:
- SUNU Assurances IARD Burkina Faso becomes Raynal Assurances IARD- Allianz Bénin Assurances becomes SUNU Assurances IARD Bénin- Allianz Burkina Assurances becomes SUNU Assurances IARD Burkina Faso- The Banque Populaire de l’Epargne et du Crédit (BPEC) in Togo becomes SUNU Bank
► Merger absorption of certain subsidiaries of Allianz Africa acquired and those of pre-existing SUNUThe following companies have been the subject of a merger :
Allianz Burkina Assurances Vie and SUNU Assurances Vie Burkina Faso. The new merged entity retains the corporate name SUNU Assurances Vie Burkina Faso;
Allianz Mali Assurances and SUNU Assurances IARD Mali. The new merged entity retains the corporate name SUNU Assurances IARD Mali;
Allianz Togo Assurances and SUNU Assurances IARD Togo. The new merged entity retains the corporate name SUNU Assurances IARD Togo
► Capital increase of certain subsidiariesIn order to comply with the minimum amount of 3 billion F CFA required by the CIMA before May 31, 2019, the following subsidiaries have carried out a capital increase:- SUNU Assurances Vie Gabon ; - SUNU Assurances IARD Gabon ; - SUNU Assurances IARD Cameroun ;
- SUNU Assurances Vie Sénégal ; - SUNU Assurances Vie Niger ; - SUNU Assurances Vie Togo ; - SUNU Assurances Vie Burkina Faso ; - SUNU Assurances IARD Sénégal ; - SUNU Assurances IARD Niger ; - SUNU Assurances IARD Togo ; - RAYNAL Assurances IARD (Ex SUNU Assurances IARD Burkina Faso) ; - SUNU Assurances IARD Burkina Faso (Ex Allianz Burkina Assurances) ; - SUNU Assurances IARD Bénin (Ex Allianz Bénin Assurances).
► Merger of the SUNU Assurances IARD Centrafrique subsidiary with the Allianz Centrafrique Assurances subsidiaryOn December 18, 2019, there was a merger-absorption of Allianz Centrafrique Assurances and SUNU Assurances IARD Centrafrique. The new merged entity retains the corporate name SUNU Assurances IARD Centrafrique.
► Inauguration of the New Building of SUNU Assurances Ghana Ltd in November 2019 at address C70 / 140 George Bush Highway (NI) Dzorwulu, Accra, Ghana.
SPONSORSHIP OF SOCIAL ACTIVITIES AND ACTIONS
► Group:
• June 2019 Sponsorship of the feature film Desrances, premiered at Fespaco 2019, which won the stallion for best decor as well as special prizes from the National Assembly and the city of Ouagadougou.
• September 2019 Sponsorship of the General Assembly of brokers of the global Brokerslink network.
• December 2019 Sponsorship of the “Financial Afrik Awards” evening in tribute to African leaders, organized by the magazine Financial Afrik.
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► In Benin:
• April 2019 Sponsorship of the Journalists Seminar of Benin.
• June 2019 Sponsoring FIAC 2019, 13th General Assembly of the Inter-African Federation of Insurers-Consultants.
• September 2019 Sponsorship of the General Assembly of the Order of Doctors of Benin.
• December 2019 – January 2020 Sponsorship of the Illuminations of the Town Halls of Cotonou and Parakou for the end-of-year festivities.
► In Burkina Faso:
• March 2019 Sponsorship of the 4th Edition of the Golf Tournament of SUNU Assurances Companies in Burkina Faso.
• October 2019 Signature of a partnership with the Association of Sports Journalists of Burkina (AJSB) for the 25th edition of the Night of Champions.
• December 2019 - Participation in the organization of the Pot des Miniers.- Participation in the Independence Day Festivities Fair in Tenkodogo.- Sponsorship of the Charity Gala of the Club des Hommes d’Affaires Franco-Burkinabè (CHAFB).
► In Cameroon:
• June 2019Sponsorship of the urban project Xpand City Lab and participation in the panel on the theme of health
• July 2019Organization of SUNU Assurances Mutuals, professional meetings with different business sectors (Transport - Travel - Accommodation).
• November 2019 Participation in the Craft and Coastal Fair (FORALIT).
• August – september 2019 Sponsorship of the Elessa Lothin Foundation with the donation of 300 scholarships to schoolchildren in the cities of Mouanko and Edéa and the donation of a library of 1,000 books to a school in the city of Yaoundé.
► In Côte d’Ivoire:
• February 2019 Sponsorship of the show by artist Mike Danon at the Institut Français.
• April 2019 Participation in the Abidjan International Fair (FIA 2019).
• May 2019 Sponsorship of the 11th Edition of the Abidjan International Book Fair (SILA).Sponsorship of Gilles Atayi’s African Motivational Event Conscious Africa ’.
• June 2019Sponsorship of the Africa Fintech Tour 2019 digital event.Participation as «Speaker» of the Deputy General Manager in the Meet Up Business of Nobson Group.
• July 2019 Sponsorship of the 7th Edition of the ASCOM Communication Aces event.
• August 2019 Sponsorship of the Great Retro Evening.
• September 2019 Participation in the 3rd Edition of the African Insurance Fair (SADA 2019)
• October 2019 Sponsorship of the 1st Edition of the African Risk Management Meetings.
• November 2019 - Sponsorship of the 2019 Territorial Collectivities Fair.- Sponsorship of the Akwaba Culture cultural event.- Sponsorship of the celebration of the 30th Anniversary of the MATCA (Abidjan Taxis Counter Insurance Mutual).- Sponsorship of the 2nd edition of the Salon de l’Epargne, de l’Investissement et du Patrimoine (SEIP 2019).- Sponsorship of the 4th edition of the Forum «La Finance s’engage».
• December 2019 Sponsoring Bonjour 2020 in partnership with the National Television of Côte d’Ivoire.
► In Gabon:
• June 2019Sponsorship of the ‘Golf Club’ tournament.
• November - December 2019 Sponsorship of the Gabon Marathon.
► In Ghana:
• February 2019 Donation made for the benefit of sick children with Waardenburg syndrome.
► In Mali:
• November 2019 Participation in Insurance Days.
► In Senegal:
• July 2019 Sponsorship of the 21st Edition of the International Judo Tournament of the City of Saint-Louis.
► In Togo:
• May 2019 Sponsorship of the FESTIMMO Real Estate Fair.
• July 2019 Sponsorship of the EVALAS 2019 sports and cultural tournament.
PARTNERSHIPS:In Benin, avenir campaign in partnership with BGFI Banque and MTN Mobile Money.In Gabon, means of payment insurance campaign in partnership with Ecobank, Engen Assur + | Vivo Energy.Friendly matches with the staff of Airtel Gabon, CSG
Microfinance Gabon and Total Marketing Gabon.In Togo, Ecobank partnership on bank card insurance.
PUBLIC RELATIONS:
• January 2019Interview of the two General Managers of SUNU Assurances in Niger Ms. Binta TINI and Mr. Pascal PLAZIAT in the African Economies Magazine.
• February 2019Interview of Mr. Pathé DIONE in the Full Cover Magazine of Brokerslink.
• March 2019Interview with Mr. Mohamed BAH in Oxford Business Group Magazine.
• April 2019- Interview with the Managing Director of SUNU Assurances Vie Côte d´Ivoire, Mr. Saliou BAKAYOKO in the African Economies Magazine special in Côte d´Ivoire.- Participation in the show RTI Money broadcast on the national channel RTI1.
• June 2019- Interview with Mr. Pathé DIONE in the internal newsletter of SUNU Assurances Plc Nigeria.- Interview with Mr. Pathé DIONE in Financial Afrik Magazine, N ° 61 on the perspectives of the SUNU Group.
• July 2019SUNU Assurances Vie Togo: Interview with Mr. Razack FASSASSI, Managing Director in the African Economies Magazine.
• October 2019SUNU Assurances in Gabon: Interview of the two General Managers Mrs. Patricia BOUDDHOU and Mr. Constant ASSI in Forbes Africa Magazine.
AWARDS AND RECOGNITION:• January 20192nd Prize in the Insurance category at the annual «Les Pépites de l’Accueil» competition for SUNU Assurances IARD Côte d’Ivoire.
• February 2019Best Investor Award in the Insurers & Reinsurers category by the Directorate General of the Treasury and Public Accounts of Côte d’Ivoire.
• December 2019«Deal of the Year» award for Mr. Pathé DIONE for the merger of Allianz companies in 5 countries of the sub-region at the Financial Afrik Awards.
FAITS MARQUANTSFAITS MARQUANTS
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KEY CONSOLIDATED FIGURES
31/12/2019 31/12/2018 Difference
Moyens Thousands of Euros Millions F CFAThousands
of Euros Millions F CFA En %
Shareholders’ Fund 82,606 54,186 63,615 41,729 29.85%including Group’s share 56,781 37,246 47,774 31,338 18.85%
Nombre de sociétés* 29 27 7.41%including : Life 8 8 0.00%
Non-Life 15 13 15.38%
other 6 6 0.00%
Average number of staff** 4,042 3,478 16.23%
31/12/2019 31/12/2018 Difference
Business Thousands of Euros Millions F CFAThousands
of Euros Millions F CFA En %
Gross Premium 298,748 195,966 244,212 160,193 22.33%
including Life Insurance 163,210 107,059 146,842 96,322 11.15%
and General Insurance 128,039 83,988 90,116 59,112 42.08% Bank (PNB*) 7,465 4,897 7,233 4,745 3.21% Other Activities 34 22 21 14 59.18%Profit After Tax 10,846 7,114 -1,506 -988 -820.18%
including Group’s share 9,176 6,019 -2,165 -1,420 -523.77%
ROE (Group’s share) 19.27% -4.34% 23.61 pts
31/12/2019 31/12/2018 Variation
Investments Thousands of Euros Millions F CFAThousands
of Euros Millions F CFA En %
Bonds 170,682 111,960 156,132 102,416 9.32%Shares 151,861 99,614 131,717 86,401 15.29%
Investment Properties 66,639 43,712 58,494 38,369 13,92%Loans 25,771 16,905 29,711 19,489 -13.26%Cash and Cash 326,472 214,152 220,310 144,514 48.19%Total 741,425 486,343 596,363 391,189 24.32%
* including non-insurance companies** employees and exclusive sale representatives
KEY CONSOLIDATED FIGURES
BREAKDOWN OF GROSS PREMIUM PER COUNTRY
BREAKDOWN OF ASSETS EMPLOYED
*Others : Central Africa Republic 3.01 % | Ghana 2.65 % | Nigeria 1.84 % | Guinea 1.40 % | Liberia 0.38 %
* Net Banking income
Togo9.88 %
Senegal7.78 %
Côte d’Ivoire37.13 %
Shares: 23 %
Cash & CashEquivalents: 44 %
Bonds20 %
Investmentproperties: 9 %
Loans3 %
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SIMPLIFIED ORGANIZATION STRUCTURE
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SUBSIDIARIES CONTACTSINFORMATION
BeninSUNU Assurances Vie BéninPlace du Souvenir08 BP 70 CotonouPhone: (229) 61 13 33 33Fax: (229) 21 30 07 69E-mail: [email protected]
SUNU Assurances IARD BéninLot 610 Parcelle ZB Patte d’Oie Cadjehoun CotonouPhone.: (229) 21 31 67 35/21 31 70 87/88Fax: (229) 21 31 67 34E-mail: [email protected]
Burkina FasoSUNU Assurances Vie Burkina FasoAvenue Houari Boumédienne15 BP 130 Ouagadougou 15Phone: (226) 25 33 37 11Fax: (226) 25 33 37 12E-mail: [email protected]
SUNU Assurances IARD Burkina Faso(ex Allianz Burkina Assurances)99 Avenue de l’UEMOA01 BP 398 Ouagadougou 01Phone: (226) 25 32 82 00E-mail: [email protected]
Raynal Assurances IARD(ex SUNU Assurances IARD Burkina Faso)Avenue du Dr Kwamé N’krumah01 BP 6131 Ouagadougou 01Phone: (226) 25 30 25 12Fax: (226) 25 30 25 14E-mail: [email protected]
CameroonSUNU Assurances Vie Cameroun578, Rue Tobie Kuoh BonanjoBP 2153 DoualaPhone: (237) 233 42 12 46Fax: (237) 233 42 12 82E-mail: [email protected]
SUNU Assurances IARD Cameroun1149 Boulevard de la RépubliqueBali, BP 3049 DoualaPhone: (237) 233 42 84 80Fax: (237) 233 42 87 86E-mail: [email protected]
Central AfricaSUNU Assurances IARD CentrafriqueRue de la VictoireBP 896 BanguiPhone: (236) 21 61 31 02 / 21 61 66 35Fax: (236) 21 61 18 48E-mail: [email protected]
Côte d’IvoireSUNU Assurances Vie Côte d’Ivoire9 av. Houdaille, Plateau01 BP 2016 Abidjan 01Phone: (225) 20 31 04 00Fax: (225) 20 22 37 60E-mail: [email protected]
SUNU Assurances IARD Côte d’IvoireImmeuble SUNU, Av. B. RousselPlateau - 01 BP 3803 Abidjan 01Phone: (225) 20 25 18 18Fax: (225) 20 32 57 91E-mail: [email protected]
SUNU ServicesImmeuble SUNU, 3rd floor, Av. B. RousselPlateau - 01 BP 3803 Abidjan 01Phone: (225) 20 25 34 34Fax: (225) 20 32 61 35
SUNU Investment Holding SAImmeuble SUNU, 2nd floor, Av. B. RousselPlateau - 01 BP 3803 Abidjan 01Phone: (225) 20 25 34 34Fax: (225) 20 32 61 35
GabonSUNU Assurances Vie GabonAvenue du Colonel ParantBP 2137 LibrevillePhone: (241) 01 74 34 34Fax: (241) 01 72 48 57E-mail : [email protected]
SUNU Assurances IARD GabonAvenue du Colonel ParantBP 915 LibrevillePhone: (241) 01 74 36 92Fax: (241) 01 74 36 91E-mail: [email protected]
GhanaSUNU Assurances Ghana Ltd.C70/140 George Bush Highway (NI)Dzorwulu, Accra Phone: (233) 302 770 548 / 302 769 542E-mail: [email protected]
GuineaSUNU Assurances GuinéeImmeuble KALETA - Rue KA 050Teminetaye, commune de KaloumBP 1618 ConakryPhone: (224) 666 10 10 27E-mail: [email protected]
LiberiaSUNU Assurances Libéria Ltd.Blue Diamond Building19th Street Sinkor, Tubman BlvdMonrovia, LibériaPhone: (231) 881 739 641E-mail: [email protected]
MaliSUNU Assurances IARD MaliImmeuble SUNU 560 avenue de la Nation BP E 4447 BamakoPhone: (223) 20 22 08 02Fax: (223) 20 22 08 03E-mail: [email protected]
NigerSUNU Assurances Vie Niger216, rue de Kalley, BP 423 NiameyPhone: (227) 20 73 41 75Fax: (227) 20 73 41 85E-mail: [email protected]
SUNU Assurances IARD Niger216, rue de Kalley, BP 11935 NiameyPhone: (227) 20 73 54 06Fax: (227) 20 73 97 99E-mail: [email protected]
NigeriaSUNU Assurances Nigéria PlcSUNU Place Plot 1196 Bishop Oluwole StreetOff Akin Adesola Road, Victoria Island, LagosP.O Box 1514, Marina, LagosPhone: (234) 280 20 12E-mail: [email protected]
SUBSIDIARIES CONTACTSINFORMATION
RDCSUNU Assurances IARD RDC (opening in 2020)47 avenue Ngongo Lutete, Gombe, KinshasaPhone: (243) 850 184 444E-mail: [email protected]
SenegalSUNU Assurances Vie Sénégal1, rue Ramez BourgiBP 182 DakarPhone: (221) 33 889 00 40Fax: (221) 33 823 11 08E-mail: [email protected]
SUNU Assurances IARD Sénégal1, rue Ramez BourgiBP 50184 DakarPhone: (221) 33 889 62 00Fax: (221) 33 821 33 63E-mail: [email protected]
KAJAS Microfinance1, rue Ramez BourgiBP 45191 DakarPhone: (221) 33 842 18 50E-mail: [email protected] internet: www.kajasmf.com
TogoSUNU Assurances Vie TogoImmeuble SUNU 812 bvd du 13 JanvierBP 2680 LoméPhone: (228) 22 21 36 56Fax: (228) 22 21 10 39E-mail: [email protected]
SUNU Assurances IARD TogoImmeuble SUNU 812 bvd du 13 JanvierBP 495 LoméPhone: (228) 22 21 10 33Fax: (228) 22 21 87 24E-mail: [email protected]
SUNU SantéImmeuble SUNU 812 bvd du 13 Janvier07 BP 7022 LoméPhone: (228) 22 20 12 57Fax: (228) 22 20 11 89E-mail: [email protected]
SUNU BankImmeuble SUNU Bank23 avenue Kleber Dadjo – Hanoukopé01 BP 904 Lomé 01Phone: (228) 22 53 47 00Fax: (228) 22 21 85 83E-mail: [email protected]
